Business

The fist-ever auction of offshore wind farm leases in the Gulf of Mexico attracted limited Interest amid recent industry challenges. AP Images

First-ever offshore wind lease sale in the Gulf of Mexico attracts just 2 bids

Eminem sent Vivek Ramaswamy a cease-and-desist letter to stop rapping his songs. It's the latest battle of politician vs. musician. AP Images

Eminem vs. Vivek: Cease-and-desist letter adds to history of musician-politician battles

Florida begins to assess the damage after Hurricane Idalia slammed its Gulf Coast. Reuters

Florida begins cleanup after Hurricane Idalia: The Morning Rundown Aug. 31, 2023

A judge rejected Burger King's bid to dismiss a lawsuit claiming the company makes its signature Whopper appear larger than it actually is. AP Images

Judge rejects Burger King bid to dismiss lawsuit over Whopper size

With interest rates around 7% and average monthly payments above $700, it has never been more expensive to buy and finance a new car. Getty Images

‘Crazy’ auto loan payments of $1,000 or more: When will car market cool down?

Here is a first look at the 10 medications that Medicare wants drugmakers to lower the costs of as negotiations are set to begin. Getty Images

First 10 drugs for Medicare price negotiations released

The Biden administration is recommending another household item be upgraded for energy efficiency — ceiling fans. Getty Images

What the government’s ceiling fan proposal means for you

After a system failure that forced Toyota to suspend production at all Japan plants, the company announced operations would resume Wednesday. Reuters

Toyota to resume operations at all Japan plants after system failure

The Department of Transportation fined American Airlines for keeping passengers on the tarmac for an unlawful amount of time. AP Images

American Airlines fined $4.1M for keeping passengers on tarmac

3M is nearing a settlement to resolve claims from veterans over combat arms earplugs. AP Images

3M nears $5.5B earplug settlement with US veterans over hearing-loss claims

A San Francisco police officer was asked to leave a bakery because of a strict policy against guns inside the store. AP Images

San Francisco bakery refuses to serve armed officer, union takes fight public

Donald Trump's mug shot was released by Fulton County Jail on Aug. 24, soon after the former president turned himself in on charges Reuters

Donald Trump’s mug shot released: The Morning Rundown Aug. 25, 2023

China's population has peaked, its workforce is aging and the Chinese Communist Party can't convince its people to have more kids. Getty Images

China’s population problem: Aging people, fewer babies, ‘lying flat’ youth

Preseason college football ticket sales are up almost 50% compared to the 2022 season according to StubHub. Getty Images

StubHub college football preview: Ticket sales up 50% from 2022

Sanctions against Russia have spurred renewed desires by some nations to move away from the U.S. dollar. Is dollar dominance at risk?

Russia sanctions ‘weaponized’ US dollar and now countries want to move away

Could king dollar lose its reign as the world's reserve currency? We look at the rise and fall of global reserve currencies before it.

The dollar is king but for how much longer? How reserve currencies fell.

The U.S. dollar's global dominance has been a sure thing for about a century. Now BRICS and emerging economies are looking to dethrone it.

Could BRICS nations dethrone US dollar dominance with a new currency?

Dedollarization pressure heats up as countries look to cut the U.S. dollar out of trade transactions. We examine the risks to the U.S.

Countries are souring on the US dollar. Is dedollarization really a risk?

The Biden administration is inviting bids for nearly 20 miles of border wall sections, including more than 30,000 steel wall panels. Getty Images

Biden admin auctions off unused border wall parts; media coverage mixed

Pilots with American Airlines approved a new contract, according to an announcement from the Allied Pilot Association (APA) on Monday. Reuters

American Airlines pilots approve contract, other pilots continue push

X , the social media platform formerly known as Twitter, is making its own preparations ahead of the election cycle. Reuters

X expands team that polices misinformation ahead of 2024 election

Hormel Foods announced it is donating 264,000 cans of Spam to the Hawaii wildfire victims. The cans total up to $1 million in value. Getty Images

Hormel Foods to donate $1M in Spam, a Hawaiian staple, to wildfire victims

Electric vehicle drivers’ frustration with charging options has hit a new all-time high, according to a recent study from J.D. Power. Reuters

EV drivers’ frustration with charging options is at an all-time high: report

While most retail outlets saw an increase in sales, Target saw the opposite in its Q2 sales report and blamed Pride Month backlash. Getty Images

Target cites Pride merch protests in sales drop report, other retailers see increases